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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - June 16, 1973, Lethbridge, Alberta Potential in foreign markets EDMONTON (CP) The government has a hard time convincing some Albertans that markets extend beyond provin- cial boundaries, Fred Peacock, minister of industry and com- merce, said Friday. Mr. Peacock told a confer- ence on export financing and development that the govern- ment must motivate industrial- ists to appreciate the potential of foreign markets. Motivation begins with the in- dividual, he said. "Incentives too often result from shrinking Canadian sales until companies are forced into foreign sales." The provincial government, through agencies like the Al- berta Export Corporation, should function as a catalyst to stimulate awarensess of oth- er market places, Mr. Peacock said. Foreign trade is a federal re- sponsibility, he said, but some provincial initiates overlap. It was up to the provinces to prevent duplication and formu- late programs to develop their own resources to serve markets abroad, but "we can't afford the luxury of going our own separate ways." Instead, the provinces should pick up on the shortcomings of federal programs. H. H. Smith Ltd. Customs Broker CALGARY PHONE 263-8050 I LETHBRIDGE I PHONE 328-8141 COUTTS Home Office Ph. 344-3822 Planting tobacco Field workers place seedlings in the fingers of an automatic planting machine used by tobacco farmer, John Adams, near Blytheswood, Ont. Despite warnings against cigarette smoking, consumption is expected to climb another two per cent this year over sales of 52 billion cigarettes last year in Canada. Oil export rule troubles Alaska JTJNEAU, Alaska (AP) Governor William A. Egan pointed to new Canadian ex- port controls on petroleum pro- ducts Friday as a major indi- cation the Trans-Alaska pipe- line should be built. Canada's "drastic Egan said, "points up very vi- vidly a major problem" with moving north slope oil through a Trans-Canada pipeline to the lower United States. Energy Minister Donald Mac- Donald told the House of Com- mons Thursday that Canada Art dealer out PARIS (AP) An unsuspect- ing art dealer paid more than for 15 paintings, then discovered that they had been stolen and agreed today to re- turn them to the owner. The art included four Renoirs, one Sisley, one Leger, one Bouault, two Vlamincks, a Van Dongen and three Boudins, and were among 31 paintings stolen April from the home of French industrialist Albert Les- pinasse, police said. The art dealer, who was not Identified, told police he bought the paintings from Marc Francelet, 25. Francelet said that he got the paintings from an unidentified man and only kept an "honest commission." The dealer showed photo- graphs of two Boudins to a spe- cialist preparing a catalogue of the artist's works. The special- ist spotted the paintings as part of the stolen collection of Les- pinasse, police said. has imposed temporary export controls on gasoline and heat- ing oil. He cited a strong U.S. demand for the fuels as the prime reason but declined to give details of the controls. "It clearly shows that matter how friendly our rela- tions are with Canada, that nation's own needs come first in times of Egan said. "This is only natural, but the United States just can not af- ford to expose its own future well-being to the" needless risk of being, in effect, at the mercy of Canadian decision making." The governor said the Cana- dian government "has made it I clear" it would pre-empt at least half the capacity of Mackenzie Valley pipeline _in order to transport' Canadian oil. "That would be a drastic blow to our he said. "It would states WANTED! INDUSTRIAL PROPERTY LEASE BACK Large, responsible Western Canada Company would tike to lease a warehouse and office building of approximately square feef in Lethbridge area. Would be prepared to sign long term leose. New cost of land and buildings es- timated to be in to range. Who would like to own this type of property and lease it bock to us? Apply To BOX 125, LETHBRIDGE HERALD INDEPENDENT BUSINESSMAN IN THE FOOD INDUSTRY (COFFEE SHOP, DRIVE-IN OPERATORS, ETC.) TWO SHOULD BE STRONGER THAN ONE7' If you see any improvements for yourself by join- ing K A Industrial Caterers in purchasing other ventures to cut overhead costs. LET'S TALK IT OVER Phone AL SCHRODER 328-7051 ANNOUNCEMENT MOBILE BUSINESS MACHINE SERVICES LTD. APPOINTED EXCLUSIVE COMMERCIAL AUTHORIZED REPRESENTATIVE FOR APECO of CANADA LTD. See a DEMONSTRATION fit your office or ours. Sales, Service and SuppliM for all Apace In and MOBILE BUSINESS MACHINES SERVICES LTD. 1274 2nd Ave. South MIOM 327-0566 mean would that the lower receive, through a Canadian pipeline, only half of the Alaskan oil that the Trans-Alaska pipeline" would carry. Bond prices Supplied by Doherty McCuaig Limited GOVERNMENT OP CANADA BONDS Oct. 1, 75 95.50 96.50 July 1, '78 100.50 102.50 Sept. 1, '83 78.00 79.00 Sept, 1, '92 78.00 80.00 Sept. 15 Perp 38.00 40.00 April 1, '75 96.00 99.00 July 1, '75 99.50 100.50 PROVINCIAL GOVERNMENT OF CANADA GUARANTEED BONDS Alberta '90 104.50 106.50 '83 90.00 92.00 '94 105.00 107.00 '90 107.00 109.00 '74 99.00 101 00 '92 82.50 84.50 '74 101.00 103.00 '90 105.00 107.00 '91 96.50 98.50 '90 103.00 105.00 Tr Cdn P '90 107.00 109.00 Tr Cdn P 10% '90 109.00 111.00 WC Tr '93 97.50 98.00 CONVERTIBLES '90 137.00 147.00 '89 83.00 85.00 8 Ontario 7 Ont Hyd 9 New Br Nfld N. S. Quebec Alberta Man Hyd 8 Sask Nfld 9y2% '90 106.00 108.00 AGT 8 '74 99.50 101.50 Man Tel 8 '74 99.50 101.50 INDUSTRIALS Alta G T '90 104.00 106.00 '91 100.00 102.00 '92 106.00 108.00 '90 104.00 106.00 '79 105.00 107.00 '93 107.00 109.00 '89 101.00 103.00 '90 105.00 107.00 '91 106.00 108.00 '90 106.00 108.00 '90 102.00 104.00 '90 106-00 108.00 '80 105.00 107.00 '90 105.00 107.00 '90 106.50 108.50 '91 105.00 107.00 90 106.00 108.00 Alcan B.C. For B.C. Tel Bell Tel Bell Tel CP Ltd hCPSec Cdn Util CWNG Gulf Oil Inter P P Massey Ncranda Int Nickel 9y4% N and C G St of Cdn 914% Net earnings Hy's of Canada Ltd., 10 cents, June 29, record June 22. McGraw-Hill Ryerson Ltd., 7% cents, July 17, record June 29. Alta G T Oons Gas Dynasty 7 '82 Acklands '88 Scur Rain 7V4% WC Tr C WC Tr 95.00 '88 99.00 101.00 '88 86.00 89.00 '88 76.00 80.00 '91 103.00 106.00 Banking easy as hamburger ARNIA, Ont. (CP) If a new experiment in teller serv- ice started here Friday works out, Canadians may find doing their banking as easy as order- ing a hamburger. Royal Bank of Canada has opened its first remote-control teller service, consisting of two drive-up service points con- trolled from within the bank by a teller seated at an operating panel. The system, believed to be the first in Canada, allows the teller to communicate with the customer over a high-fidelity, two-way speaker system. The teller can control the position- ing of service drawers and the movement of carrier baskets through pneumatic tubes from a logic-circuit-equipped operating panel. The advantages, the bank says, are that it allows one teller to serve two customers at one time without them leaving their cars. ___Saturday, Junt THE UTHBRIDOE HERALD Government encourages use of export service EDMONTON (CP) Tbe Al- berta government is urging in- dustry to make full use of government services In export trade development, W, J. M. Wenzel, deputy minister of the department of industry and commerce, said this week. Mr. Wenzel, speaking to a conference on export financing and development, said Al- berta business firms involved in expanding markets should use services of the Alberta Ex- port Agency which was form- ed last month. The agency will provide marketing services such as export credit, export insurance, documentation and forwarding facilities for manu- facturers and processors. Initial funding of the agency will be 910 million and extra funds will be used to provide guaranteed loans for produc- ers and marketing agencies. The government is surveying business and industry through interviews to determine Alber- ta's industrial capability exportable goods, Mr, Weasel said. Wheat to replace gasoline lead? TOPEKA, Kan. (AP) A farm co-operative spokesman says it appears that it may be economically feasible to pro- duce ethyl alcohol from wheat to replace lead in gasoline. George Voth, general manag- er of Far-Mar-Co. Inc. of Hutchinson, Kan., said this week the project would consume over three billion bushels of wheat a year. Voth said the use of grain alcohol to replace tetraethyl lead as an anti-knock agent in motor fuel has been technically feasible for some time but un- economical. Several months ago, the co- operative anounced it had made a brclUhrough in wheat fractionation of the wheat ker- research that allowed fractionation of the wheat ker- nel without damaging its ponents. BUYING or SELLING call FRENCH MONDAY, p.m. SPECIAL Feeder Hog and Baby Calf Sales Wednesday] a.m. FAT CATTLE SALES SLAUGHTER HOGS ASSEMBLED AND SOLD MONDAY THRU FRIDAY. WE BUY AND SELL FAT AND FEEDER LAMBS DAILY We carry Hartford Insurance on oil livestock FRIDAY 10 q.m. i and FEEDER CATTLE SALES 1 p.m. I SPECIAL STOCK CALF AND FEEDERS EXPORTERS OF SLAUGHTER HOGS EXCELLENT FACILITIES FOR FEEDING AND LOADING HOGS. ED FRENCH 328-3986 DAN KLASSEN........ 345-4358 KEN MILLER, MAGRATH 758-6607 LOU DEJAGER 345-4489 WHIT HENINGER...... 328-7354 CONSIGN ALL YOUR LIVESTOCK TO: C. E. FRENCH LIVESTOCK "In The Heart of Canada's Ranching Country" Ph: Office 327-0101 327-3986 Alberto Stockyards P.O. BOX S.S.I-7-7, LETHBRIDGE, ALBERTA Crossword MAN THE DICTIONARY! ByAlvinAshby ACROSS No word on India wheat sale OTTAWA (CP) Otto Lang, minister responsible for the Canadian Wheat Board, says lie has had no word about the prospect or a large wheat sale to India. However, he told a reporter the two countries "have been in fairly constant touch.1' He was commenttng on a statement by Fakhruddin All Ahmed, Indian food minister, that India plane to purchase two million tons of wheat from international markets for ship- ment as soon as possible. Mr. Ahmed said the wheat likely would come from Can- ada, the United States and Ar- gentina. India is facing food shortages caused by drought. Mr. Lang siad negotiations have been going on with India 'for different amounts at dif- ferent times." If an order was made, Canada should be able to fill it, he said. "We conisd- er them a regular buyer." the RIVIERA MOTOR HOTEL Welcomes you to Edmonton To help make your stay more would like to introduce you to all our facilities. MORE PEOPLE STAY AT THE RiVIERA- BECAUSE THE RIVIERA OFFERS YOU MORE! Write or Telephone IVIERA MOTOR HOTEL 5359 CALGARY TRAIL 43-43-43-1 1 Sport 8 Specious reasoning IS Covered avenues 22 Arrangement, as of troops 23 Tract of grassland 24 Reactor 25 Suppress 26 Staircase area 27 Biminish- ingly 28 Mild rebuke 29 Variation in color 31 Duty dona 33 Dull noise 34 Silver coins ot Lithuania 36 About 37 Most facile 33 Hara- 39 Uplifted 41 Spare hand in playing cards 42 Lard 43 Entangle 1 Pounding tools 2 Win 3 Blind 4 Small mound 5 Misfortunes 6 Coffee 7 Heightened 8 Brace 9 Female figure in prayer 10 Throe 11 Cloaked 12 Iridescence 44 Beleaguer- ment 45 Like 9 saw 47 Early'slmg shot 49 Abused freedoms 61 Surrounded by 52 Inflammable 54 Coagulate 55 Garden tool 58 Bane 59 Webs 61 Tooth incrustation 65 Life sphere 66 Obnoxious 68 Destinies 70 Mutual amity 71 Ism adherents 72 Winding 74 Parliamen- tary order 76 Advocate of the novel 77 Tobacco kiln 78 Beef fats 80 Cupid 81 Color of rage 82 Cold meat aspic 85 Dealers in chief commodities 87 Asian country 88 Russian stockade 89 Littla knots in wool staple 91 Rainy and snowy 32 Burn super- ficially 93 Signify 95 Clique 97 Obtains 98 Whalebone 99 Small pin 101 Body armor 103 Movable screen fof baseball 104 Infrequent 108 Growls 109 Equalized 113 Cause to combine 114 Edible seed DOWN 13 Geometric ratios 14 Whim "5 Showing skill 16 Respond 17 Sleeveless garment 18 Generation 19 Bowlers 20 Expand 21 Golfdif ficulties 30 Defunct 32 Calf's flesh 35 Writes awkwardly 37 Roof edge 38 Affinity 40 Subdued 42 Seditious 44 Spanish shawls 46 Sesame 47 Plate for throwing 48 Two-man combat 50 Intersect 52 Confined 53 Cessatior 116 Obtain: dial. 117 Wire measure 118 Fixed look 119 Barnacle: her. 120 Excessively bold 122 More afflictivt 124 Swell of the sea 125 Feminine name 126 Scorch 127 Stretched 129 Mineoor Magiia 130 Like a stone 132 Heavenly 134 Divested o wings 136 Utter publicly 137 Interpose 138 Pertaining to flying 139 Mocked 140 Sewed 141 Reverence 55 Suffered a keen pain 56 Pleasing 57 European bunting 58 Colleague 60 Ways 62 Bovine 63 Area in land measures 64 Textile workers 66 Colophony 67 Musical compositions 69 Vexed byBertBeaman ACROSS 1 Greek letter 4 Secular 8 Prime 10 earth (found) 11 Hale character 13 Oblige 15 Boy Scout event 16 Vim 17 Arizona city 19 Bridges 21 Like certain cheeses 23 Roost 26 Regretful 27 Walking aid 28 Book of maps 30 King of Judea 31 Cornered 33 of relief 34 Vow 35 Fleet 38 Aviation initials 39 Knowing one 43 Young ones 45 Sham 47 Hideaway 48 Adheres 51 Star 55 Umpire's call 66 Dramatizes 59 Memo 60 Bones 62 Turns down 64 Ancient Greek marketplace 65 and fauna 67 Ivy, for one 68 de menthe 69 Base 71 Being: Lat. 72 Distrustful 73 Evans 75 Thy: Fr. 76 Man's nickname 77 Stormy 80 French spa 72 Make an edging 73 Unwavering partisan 75 Variety of lettuce 77 Quondam 79 Arsenic compoimc. 81 Speedy animals 82 Norse name 83 Sea birds 84 Wind direction: abbr. DOWN 1 Kitchen utensil 2 Car part 3 Dentist's concern 4 Needs 5 Noun ending 6 Japanese statesman 83 Explanation 84 Of heroic scale 86 Eyepiece 87 Pre talkies 90 Cozy 92 Heroic stories 94 Shade trea 7 Car 9 Consums 10 Likesomt days 12 Ancient Greek game s.ta 14 Ancient Greek city 15 Difficult 18 PartofM.A. 19 Kinds 96 Spiceo beveraga 98 Laced shoe 100 Unbalancec 102 Foray 103 Almanac 104 Bearing racemose inflorescence 20 Ban 22 Judges 24 Close gama 25 Mother of Ishmael 26 Irish name 29 One-hoss 30 polloi 32 Hoover, etal 36 Facts 37 King 40 Put on 105 Soothing tonic 106 Maker 107 Headland 109 Clarinet socket 110 Origmats 111 Strange Tumasida 41 Breakfast fare 42 Color 44 WWII land- ing craft 46 Man 48 Headwear 49 Quiets 60 Pointed arch 62 Likesomt houses 115 Third stage 117 Bewailed audibly 120 Wonderland inhabitant 121 Narrow leaf cattail 122 Rush, as of words 53 Common French verb 54 Dead or Red 57 Being 53 Feels 61 Dry 63 light (understands) 64 "My Name is 66 Set (get engaged) 123 Pigpen 126 Contract 127 Igneous rock 128 Platform 131 Chinese se- cret society 133 Bend and bob 135 Project beyond 68 Game 70 French pupil 72 What detectives need 74 Arabian VIPs' 76 Oldjoks 78 Country. Sp. 79 Mideast initials SOLUTIONS OF LAST WEEK'S PUZZLES am arcana aaaanan) nanna nan 9Ban nmaaonHiB CIGIHD una DQEI (anno nnnrannna aaaa aam nnnan aaaan gHQH uauuci nan aaa QBBH 2. 5 4. CRYPTOGRAMS GA GHIET IE GO AOFC UFIDEDRANT SD AKPPXFAK PLPi "CDH'S SET SD XRNN SKP LDDN DUPE OT -ByK.V.Ernst ILLODHOT HANDHOLD' MAST, OBNILLIDDOT PIMOD POSH LOT ID SANDHOLD. -ByLoisJonw 1973 by Chicago Newt-Synd. Ins Vforld Rights Raswwl CRPU LRCCUE LSC SCU PDE EDPU. TORPIC ROW TROPIC POW. Uwt Week's Cryptogram! 1. "Bring me my bow of burnished gold; bring me arrows of thai, yon may bring me a beerl 2. Whale ate whole lot. Earl Ireland -ByL.J. Failing ;